Millionaire Trend Trader: January 2018

Tuesday, January 30, 2018

FBM KLCI - highest in over three years on funds buying

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI ended the day broadly higher on sustained buying interest in finance and consumer stocks. Read more >>

Monday, January 29, 2018

FBM KLCI - turning very bullish but overbought

Stocks on Bursa Malaysia closed mixed last Friday with the benchmark FBMKLCI ended higher, boosted by strong buying in selected heavyweights, Read More>>

Friday, January 26, 2018

FBM KLCI - higher on banking stocks rise after BNM raised OPR

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI closing at its intraday high after a late surge helped by banking share gains. Read more >>

Thursday, January 25, 2018

FBM KLCI - mild correction

Stocks on Bursa Malaysia finished lower at yesterday on continued mild selling and in line with some Asian bourses, as investors took profits following recent gains Read more >>

Wednesday, January 24, 2018

FBM KLCI - continue climbing higher

Stocks on Bursa Malaysia higher yesterday on the back of buying support in penny stocks, as well as big capital stocks as Asian shares rose to record closing highs after Read more >>

Tuesday, January 23, 2018

FBM KLCI - higher on follow through rebound

Stocks on Bursa Malaysia reversed earlier losses and the benchmark FBMKLCI erased losses in tandem with Asian shares to finish at yesterday's session higher Read more >>

Monday, January 22, 2018

FBM KLCI - likely to stay sideways range-bound

Stocks on Bursa Malaysia rebounded on Friday as late buying interests in selected heavyweights, industrial product and consumer counters, pushed the benchmark FBMKLCI to end at an intra-day high, Read more >>

Friday, January 19, 2018

FBM KLCI - down on heavy selling pressure

Stocks on Bursa Malaysia continued to close lower yesterday for the fourth consecutive day, hurt by continued selling pressure in heavyweights and industrial product counters Read more >>

Thursday, January 18, 2018

FBM KLCI - higher on last minute push

Stocks on Bursa Malaysia continued to close mixed yesterday for the third consecutive day, while the benchmark FBMKLCI made gains as last minute buying in Read more >>

Wednesday, January 17, 2018

FBM KLCI - marginally higher on last minute push up

Stocks on Bursa Malaysia turned mixed at close yesterday, while the benchmark FBMKLCI made marginal gains as last-minute buying emerged in selected heavyweights to limit earlier losses, Read more >>

Tuesday, January 16, 2018

FBM KLCI - higher amid sideways consolidation

Stocks on Bursa Malaysia closed broadly lower yesterday, but the benchmark FBMKLCI maintained its upward momentum throughout the day to finish higher, supported by Read more >>

Monday, January 15, 2018

FBM KLCI - likely to stay range-bound with an upward bias

Stocks on Bursa Malaysia closed broadly higher last Friday, lifted by the stronger ringgit, better economic data and firmer oil prices. Read more >>

Friday, January 12, 2018

FBM KLCI - down for third consecutive day

Stocks on Bursa Malaysia closed broadly lower for the third consecutive day yesterday as it continued to take a breather from the recent rally. Read more >>

Thursday, January 11, 2018

FBM KLCI - lower on continued profit-taking

Stocks on Bursa Malaysia closed broadly lower for the second consecutive day yesterday as it continued to take a breather from the recent rally. Read more >>

Wednesday, January 10, 2018

FBM KLCI - lower on profit-taking correction after a four-day rally

Stocks on Bursa Malaysia closed broadly lower yesterday as the four-day rally on Bursa Malaysia came to a halt on profit-taking correction. Read more >>

Tuesday, January 9, 2018

FBM KLCI - extremely bullish and overbought, correction is imminent

Stocks on Bursa Malaysia closed broadly higher yesterday as the bulls run continued on Bursa Malaysia with the key index sharply higher buoyed by bullish external factors Read more >>

Monday, January 8, 2018

FBM KLCI - likely to pullback due to overbought for the short term

Stocks on Bursa Malaysia closed broadly higher on Friday as the bulls-run on Bursa Malaysia continued pushing the FBMKLCI to end at an intra-day high of 1,817.97, driven by Read more >>

Friday, January 5, 2018

FBM KLCI - closing at 1,803 as forecasted

Stocks on Bursa Malaysia closed broadly higher yesterday, as persistent buying momentum on anticipation of Malaysia’s 14th general election this year led to Read more >>

Thursday, January 4, 2018

FBM KLCI - poise to test the psychological resistance of 1,800

Stocks on Bursa Malaysia closed broadly higher yesterday, boosted by renewed buying support seen across the board in tandem with the better showing on regional peers. Read more >>

Wednesday, January 3, 2018

FBM KLCI - lower on profit-taking after reaching overbought level

Stocks on Bursa Malaysia ended the first trading day of the New Year on a bearish note with the benchmark Composite Index (FBMKLCI) retreating from its 2017's high, dampened by Read more >>

Tuesday, January 2, 2018

FBM KLCI - likely to consolidate before continuing uptrend

Stocks on Bursa Malaysia ended year 2017’s trading on Friday with a big bang as the FBMKLCI hit a year high of 1,796.81 points after a last minute extensive buying on index-linked heavyweights Read more >>

What's happening now is that the market remains trading at very thin volumes and that can affect prices, even when just a handful of shares are traded. The decision of any fund to pull out from certain stock hits the price. - Carlos Slim

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets. - Peter Lynch

Vision is perhaps our greatest strength.. it has kept us alive to the power and continuity of thought through the centuries, it makes us peer into the future and lends shape to the unknown.
- Li Ka Shing

Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised. - Warren Buffet

Learning is a never ending journey in the stock market. The very moment you think you have learned enough, you'll fall. - Harrison Ho

When people are frightened, they cut their time horizon dramatically, even advisors will say to sell because they see portfolios crumble and they fear people will have nothing left. It's really not rational, but it does happen. - David Dreman

I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.' - Peter Lynch

A military operation involves deception. Even though you are competent, appear to be incompetent. Though effective, appear to be ineffective. - Sun-tzu

Financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are supposed to come to rest at an equilibrium point. - George Soros

If you don't change, reality in the end forces that change upon you. - Stuart Wilde

The investor of today does not profit from yesterday's growth. - Warren Buffet

Analysts have always been overly optimistic.
- David Dreman

We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction. - Bill Gates

A corporation's primary goal is to make money. Government's primary role is to take a big chunk of that money and give it to others. - Larry Ellison

If you believe that some day it's going to happen, some day it probably will happen. You just have to make sure you're there when it's happening, and ideally you're at the front of the parade, and the principle beneficiary of when it happens, but it's not a kind of thing where you just sort of sit back and wait. - Steve Case

I try to learn from the past, but I plan for the future by focusing exclusively on the present. That's where the fun is. - Donald Trump

The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances. - Alan Greenspan

The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow. - Rupert Murdoch

The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. - Jesse Livermore

In the business world, the rearview mirror is always clearer than the windshield. - Warren Buffett

Be extremely subtle, even to the point of formlessness. Be extremely mysterious, even to the point of soundlessness. Thereby you can be the director of the opponent's fate. - Sun-tzu

Look at market fluctuations as your friend rather than your enemy.. profit from folly rather than participate in it. - Warren Buffett

I hate weekends because there is no stock market. - Rene Rivkin

Before this century is over, the Dow Jones Industrial Average will probably be over one million versus around 10,000 now. So for the long-term, the outlook is tremendously bullish if you buy stocks blindly to keep for a century. - John Templeton

A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well. - Jeff Bezos

Making good decisions is a crucial skill at every level. - Peter Drucker

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffett

The individual investor should act consistently as an investor and not as a speculator. This means.. that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase. - Benjamin Graham

In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. - Peter Lynch

The financial markets generally are unpredictable. So that one has to have different scenarios.. The idea that you can actually predict what's going to happen contradicts my way of looking at the market. - George Soros

Our favourite holding period is forever. - Warren Buffet

If you buy all the stocks selling at or below two times earnings, you will lose money on half of them because instead of making profits they will actually lose money, but you will only lose a dollar or so a share at most. Then others will be mediocre performers. But the remaining big winners will go up and produce fabulous results and also ensure a good overall result. - John Templeton

When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don't buy long stocks on a scale down, I buy on a scale up. - Jesse Livermore

I've learned that mistakes can often be as good a teacher as success. - Jack Welch

Well, you know, I was a human being before I became a businessman. - George Soros

Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information. - Peter Drucker

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. - Jesse Livermore

Wide diversification is only required when investors do not understand what they are doing. - Warren Buffett

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception. - George Soros

Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed. - Benjamin Graham

The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. - Jesse Livermore

I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. - Peter Lynch

Before you can really start setting financial goals, you need to determine where you stand financially. - David Bach

The average man doesnâ€™t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesnâ€™t even wish to have to think. - Jesse Livermore

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. - Warren Buffett

Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands. - Peter Drucker

The key to making money in stocks is not to get scared out of them. - Peter Lynch

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up. - Jesse Livermore

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